CP_ROOT is not set. Set CP_ROOT in the shell environment or in $HOME/.cprc and rerun 3
I don't know a thing about this and I didn't stay at a Holiday Inn last night. On the other hand, I do know that applications like to know where to start from. Many use XXX_HOME or some variation. This application (which you should have posted what it was OR mention you can't because of security) is looking for where it's root directory is. This may be /opt/MYAPP (replace MYAPP with your apps name) or some other directory.
Just set your ENV Variable CP_ROOT to the top directory of the application and it will probably work (or give you another error stating it didn't work or it wants more variables set).
For a quick inspection of this, check the .profile of the userID that you wrote owns all the files OR see if that user has a .cprc file. I'll bet that it has all the variables set up in one of these.